West Loop Community Organization issued the following announcement on March 26.
In an effort to help businesses during the COVID-19 pandemic, Cook County Board President Toni Preckwinkle announced an expansive series of measures waiving various County fines, fees and deferring tax collections.
“With businesses facing so many challenges and difficulties created by the coronavirus, waiving these fines and fees is the right thing to do,” Preckwinkle said. “It is our hope these measures provide a bit of much-needed relief. Waiving these fines and fees and deferring the County’s tax collection will assist our businesses in terms of cash flow to the tune of $35M during these difficult times.”
Under the relief package, due dates for Home Rule Taxes like the Alcoholic Beverage Tax, Amusement Tax, Tobacco Tax and Gasoline and Hotel Accommodations Tax will be pushed back as will numerous fines and fees under the jurisdictions of the Departments of Transportation and Highways, Environment and Sustainability, Revenue, Building and Zoning and Public Health. The relief measures have the potential to free up $35 million for Cook County businesses.
Original source can be found here.
Alerts Sign-up